Nelnet executive reports small tax-withholding share disposition
NELNET INC director and executive Matthew W. Dunlap reported a small, routine tax-withholding transaction related to vesting equity awards.
Rhea-AI Filing Summary
NELNET INC director and executive Matthew W. Dunlap reported a small, routine tax-withholding transaction related to vesting equity awards. On the reported date, 15 shares of Class A Common Stock were withheld by the issuer at a per-share value of $130.72 to satisfy his tax obligation from the vesting of a previously granted share award under Rule 16b-3(d). This was not an open-market sale.
After this tax-withholding disposition, Dunlap directly holds 17,054 shares of Class A Common Stock and 226,197 shares of Class B Common Stock, indicating the transaction affected only a very small portion of his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 15 shares
Exercise Price or Tax Liability
2 txns
Insider
Dunlap Matthew W
Role
President, NFS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 15 | $130.72 | $2K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 17,054 shares (Direct);
Class B Common Stock — 226,197 shares (Direct)
Footnotes (2)
- F1. These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d).
- F2. Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares on June 10, 2026.
Key Figures
Tax-withheld shares: 15 shares
Per-share tax value: $130.72 per share
Class A holdings after transaction: 17,054 shares
+1 more
4 metrics
Tax-withheld shares
15 shares
Class A Common Stock withheld for taxes on vesting award
Per-share tax value
$130.72 per share
Value assigned by issuer to tax-withholding shares on June 10, 2026
Class A holdings after transaction
17,054 shares
Directly held by Matthew W. Dunlap following tax-withholding disposition
Class B holdings after transaction
226,197 shares
Directly held by Matthew W. Dunlap as of the reported date
Key Terms
Class A Common Stock, Class B Common Stock, tax-withholding disposition, Rule 16b-3(d)
4 terms
Class A Common Stock financial
"15 shares of Class A Common Stock were withheld by the issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"Dunlap directly holds 17,054 shares of Class A and 226,197 shares of Class B"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
tax-withholding disposition financial
"the transaction is coded F as a tax-withholding disposition by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 16b-3(d) regulatory
"resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NELNET INC (NNI) report for Matthew W. Dunlap?
NELNET INC reported that Matthew W. Dunlap had 15 shares of Class A Common Stock withheld by the company to cover taxes due on a vesting share award, rather than executing an open-market sale.
What are Matthew W. Dunlap’s NELNET INC (NNI) holdings after the Form 4 event?
After the reported tax-withholding transaction, Matthew W. Dunlap directly holds 17,054 shares of NELNET INC Class A Common Stock and 226,197 shares of Class B Common Stock, indicating the withholding affected only a small fraction of his total position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
